Settings8H · net · $10k
Funding arb · Price arb /

ARB

all ARB markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC−0.0300%/8h= −32.8% APRnext payment $0.37 per $10,000 · paid last 24h −0.050%
Price spread now: 01 Exchange against GMX+0.440%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
The price spread pays, funding is against you. 01 Exchange is 0.440% dearer against GMX than usual: you sell high and buy low (spread +0.440% now, against zero (this spread has no 7-day history yet)): +$44 on $10k if it goes back. Holding the pair costs −$9 a day in funding at the current rate, which eats that in about 4.9 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGMX ARB/USD [ARB-USDC]0.2170L +0.0276% / S −0.0158%pay 0.0034% / 1h9m 17s$823K150x
Short01 Exchange ARBUSD0.2180−0.0024pay 0.0003% / 1h9m 17s$7K$1K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

01 Exchange against GMX. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
−$62.94
Price spread: +0.440% → 0.000%
$44.01
Slippage, 4 orders
no order book: not counted
Fee GMX: 6 bp × 2 orders
−$12
Fee 01 Exchange: 3.5 bp × 2 orders
−$7
Net
−$37.93
Costs to cover
0.190%
Break-even
from the start
Slippage unknown: GMX: no order-book sample; 01 Exchange: no order-book sample. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy GMX no order-book sample
Sell 01 Exchange no order-book sample
GMX and 01 Exchange: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

ARB on 36 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective ARB/USDC PERP−0.1589%1h0.2161−0.417%$39K$372K12xas long as short
Polymarket Perps ARB-USD−0.0181%1h0.2179+0.426%$71K$2.1M10xas long as short
OKX ARB-USDT-SWAP−0.0101%8h0.2170+0.002%$21.7M$141.3M50xas long as short
MEXC ARB_USDT−0.0100%8h0.2170+0.021%$41.1M$61.0M200xas long as short
Variational Omni ARB−0.0091%8h0.2182+0.534%$1.8M$3.0Mas long as short
Orderly PERP_ARB_USDC−0.0063%8h0.2173+0.136%$12K$408K10xas long as short
Kraken Futures PF_ARBUSD−0.0051%1h0.2173+0.143%$1.0M$4.4M50xas long as short
Bybit ARBUSDT−0.0050%8h0.2169−0.030%$54.4M$123.7M50xas long as short
01 Exchange ARBUSDshort−0.0024%1h0.2180+0.440%$7K$1K10x
dYdX ARB-USD0.0000%1h0.2181+0.519%$65K$5K10xas long as short
Show all 36 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Deribit ARB_USDC-PERPETUAL0.0000%1h0.2173+0.127%$24K$31K25xas long as short
gTrade (Gains Network) ARB/USDL +0.0005% / S −0.0008%1h0.2171+0.051%$45K150xas long as short
Gate ARB_USDT+0.0010%8h0.2170+0.012%$5.3M$18.2M60xas long as short
Bitget ARBUSDT+0.0051%8h0.2169−0.048%$20.7M$34.0M50xas long as short
BingX ARB-USDC+0.0053%8h0.2171+0.048%$6.5Mas long as short
Binance ARBUSDT+0.0061%8h0.2171+0.043%$63.4M$299.1M75xas long as short
Extended ARB-USD+0.0064%1h0.2170+0.007%$345K$2.1M25xas long as short
Lighter ARB+0.0096%1h0.2172+0.085%$1.2M$5.5M15xas long as short
Aevo ARB-PERP+0.0096%1h0.2173+0.139%$138K$7K3xas long as short
Hyperliquid ARB+0.0100%1h0.2177+0.320%$37.0M$48.5M10xas long as short
Aster ARBUSDT+0.0100%8h0.2173+0.121%$626K$1.6M20xas long as short
Pacifica ARB+0.0100%1h0.2180+0.466%$42K$160K10xas long as short
KuCoin ARBUSDTM+0.0100%8h0.2171+0.035%$19.4M$14.5M75xas long as short
edgeX ARBUSDC+0.0100%4h0.2189+0.894%$38K$461K20xas long as short
GRVT ARB_USDT_Perp+0.0100%8h0.2190+0.930%$468K$3.5M10xas long as short
ApeX Omni ARBUSDT+0.0100%1h0.2188+0.827%$118K$283K50xas long as short
SunX ARB-USDT+0.0100%8h0.2174+0.182%$2K$1.1M30xas long as short
SoDEX ARB-USD+0.0100%1h0.2171+0.058%$10K$2.2M5xas long as short
HTX ARB-USDT+0.0100%8h0.2172+0.085%$294K$885K50xas long as short
Phemex ARBUSDT+0.0100%8h0.2173+0.136%$4.9M$12.8M50xas long as short
RISEx ARB/USDC+0.0118%1h0.2180+0.478%$442K$2.6M10xas long as short
BloFin ARB-USDT+0.0181%8h0.2173+0.141%$3.0M$2.5M75xas long as short
Coinbase International ARB-PERP-INTX+0.0256%1h0.2174+0.168%$497K$1.6M50xas long as short
GMX ARB/USD [ARB-USDC]longL +0.0276% / S −0.0158%1h0.2170long leg$823K150x
Reya ARBRUSDPERP+0.0289%1h0.2169−0.048%$2K$69520xas long as short
Backpack ARB_USDC_PERP+0.0567%1h0.2180+0.459%$978K$2.8M20xas long as short